Form 4: Verint Systems Director Andrew Miller Granted 8,980 Restricted Stock Units

Andrew Miller, a director at Verint Systems Inc, was granted 8,980 restricted stock units (RSUs) on April 22, 2025, which will vest on April 10, 2026.

Summary

• On April 24, 2025, a Form 4 filing was submitted to the SEC regarding Andrew Miller, a director of Verint Systems Inc.
• The filing reports that on April 22, 2025, Mr. Miller was granted 8,980 restricted stock units (RSUs).
• Each RSU represents the right to receive one share of Verint Systems Inc. common stock or cash upon vesting.
• The 8,980 RSUs will vest on April 10, 2026.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding stock grants, so the sentiment is neutral.

Future Outlook

The document does not contain any specific forward-looking statements beyond the vesting date of the RSUs.

Industry Context

This is a standard SEC Form 4 filing, reflecting a common practice of granting stock-based compensation to company directors. It's typical for companies to use RSUs as part of their compensation packages to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock grants to directors are a common practice across publicly traded companies.
• The size of the grant (8,980 RSUs) would need to be compared to grants made to directors at comparable companies in the software or technology industry to assess its relative value.
• Companies like NICE, Pegasystems, and Medallia could be considered peers for comparison purposes, examining their director compensation packages including equity grants.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of the shareholders, as the value of the RSUs is tied to the company's stock performance.

Key Dates

Keywords

Form 4, Verint Systems Inc, VRNT, Restricted Stock Units, RSUs, Andrew Miller, Director, Beneficial Ownership, Equity Securities, SEC Filing